605 m² Building in Palmela | Excellent Yield and Tourism Potential
Description: Located in one of the most prestigious and iconic areas of the town of Palmela, this traditionally styled building—featuring a gross floor area of 605 m²—represents a unique investment opportunity, combining heritage value with immediate profitability.
Key Features and Layout: Ground Floor:
605 m² Building in Palmela | Excellent Yield and Tourism Potential
Description: Located in one of the most prestigious and iconic areas of the town of Palmela, this traditionally styled building—featuring a gross floor area of 605 m²—represents a unique investment opportunity, combining heritage value with immediate profitability.
Key Features and Layout: Ground Floor: Includes a room with an original wine press, garage/storage space, and a private patio. Excellent potential for conversion into a commercial space, restaurant, or leisure area.
1st Floor: Comprises 9 rooms and 2 balconies with great sun exposure. Investment Note: Currently generating guaranteed income through a lease agreement with the Palmela Municipality running until April 2031. 2nd Floor and Attic: An exclusive space featuring a panoramic terrace, skylights (Velux), a fireplace, and a private wine cellar.
Appreciation Potential: The property’s versatility and size allow for various investment projects, such as: Boutique Hotel or Charming Guesthouse Renovation into Residential or Luxury Apartments Corporate Headquarters or Multi-use Space A perfect blend of Palmela’s history and financial return.
Schedule your visit today and discover the potential of this property! #ref: 151524